Question: Initial margin req. = 50% Maintenance margin req. = 30% Shares = 1,000 You shorted a stock at $33.61 a share and closed out the

Initial margin req. = 50% Maintenance margin req. = 30% Shares = 1,000

You shorted a stock at $33.61 a share and closed out the short at $29.21 a share. Your initial margin requirement was $16,805. What was your net cash inflow?

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